Airbus to shut a Spanish production plant May 19, 2021 Airbus SE have announced plans to merge the activities of its two plants in Spain since the end of the production of A380 superjumbos has left the factories without enough work to sustain them both. The French company has already held discussions with the Spanish government and unions and aims to avoid forced layoffs, according [...]
One in four Brits would take a pay cut for a shorter working week May 19, 2021 One in four British people want four-day working weeks to become the norm – even if it means accepting a pay cut. The poll results come with just over a month until millions are allowed to return to the office from June 21. According to the survey results 70 per cent said they would happily [...]
JP Morgan Chase: Potential successors to Jamie Dimon move up as Pinto becomes sole president May 18, 2021 In a reshuffling of its top ranks, JP Morgan Chase has raised up two potential successors to chief executive Jamie Dimon while co-chief operating officer Gordon Smith will step down from his roles at the end of 2021. The two possible earmarked successors, Marianne Lake and Jennifer Piepszak, will take new roles as Daniel Pinto [...]
Evening read: The return of indoor hospitality – all your questions answered May 18, 2021 While the basic rules are clear – that diners and drinkers can now sit inside in groups of 6, and outside in groups of up to 30 – there are areas that remain unclear. Suraj Desor is a hospitality licensing solicitor at Poppleston Allen, which advises pubs and restaurant chains in the UK. Desor has [...]
UK faces a flakeless summer as shortage of Cadbury’s 99 looms May 17, 2021 After a year of lockdowns and staying at home the British public are faced with the threat of a shortage of Cadbury 99 Flakes. Demand for soft-serve ice creams, finished with the iconic crumbling treat, is surging. “We are seeing a recent increase in demand for our Cadbury 99 Flake in the UK and Ireland [...]
Checking out: Airbnb shares dive as insiders are allowed to sell following last year’s IPO May 17, 2021 Airbnb shares dropped by almost 6 per cent after insiders became free to sell their shares for the first time since the home rental firm’s IPO in December 2020. Today’s drop comes only days after Airbnb beat Wall Street expectations for first-quarter gross bookings and revenue on May 13, as speedy Covid-19 vaccinations and easing [...]
36m Brits have received first vaccine dose as UK records just five Covid deaths May 17, 2021 There were 1,979 new cases of coronavirus recorded on Monday 17 May, and five deaths within 28 days of a positive Covid-19 test while the number of those vaccinated against the virus continues to rise. Since vaccines started being administered in December, over 20m adults in the UK have received both doses of a Covid-19 [...]
Some post-Brexit EU jobseekers end up in detention upon arrival May 13, 2021 A small number of jobseekers arriving into the UK have been sent to immigration removal centres, held in airport detention rooms or expelled. Among them are EU citizens with job interviews in the UK, The Guardian reports. When it comes to EU citizens looking for work in the UK, some rules since Brexit are straightforward [...]
Electric scooter startup Bird to go public in £1.6bn SPAC deal May 12, 2021 Bird Rides announced a merger with Switchback II Corp, a blank-cheque company, to go public in a deal that values the electric scooter company at £1.6bn. SPACs are listed companies that use the proceeds from an IPO to buy a private firm and take it public. The scooter rental company said the deal will be [...]
People in their late 30s to get Covid jab from tomorrow in England May 12, 2021 NHS England has announced that people in their late 30s will be able to book an appointment for a Covid jab from tomorrow, May 12, as the vaccine rollout in the UK continues. NHS sources are widely reported to have said that they aim to give all adults at least one dose by the end [...]